(also credit agency)
Definition of credit reference agency in English:
A company which collects information relating to the credit ratings of individuals and makes it available to banks, finance companies, etc.
- Very few small companies will use a credit agency to collect outstanding balances.
- Each time you apply for a loan the potential lender will carry out a credit score with a credit reference agency.
- The most comprehensive approach to take when introducing credit checks is to opt for the services of a credit agency.
Definition of credit reference agency in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan